We’d be crazy to enter into an ETS

If the Abbott government is successful in reducing Australia’s greenhouse gas emissions by 5 per cent based on 2000 levels then Australia will have done more to reduce greenhouse gas emissions than almost any other advanced nation.
You will never hear this in the Australian debate because there are so many institutional vested interests in favour of a carbon tax or an emissions trading scheme and most of the media are sympa­thetic to them………………………………………..Full Article: Source